North America Plastic Packaging Market Research Report - Segmentation By Type (Rigid and Flexible), Product, End-User, and Country (United States and Canada) - Analysis on Size, Share, Trends, Growth Forecast from 2025 to 2033

Updated On: June, 2024
ID: 9247
Pages: 110

North America Plastic Packaging Market Size

The North America plastic packaging market was valued at USD 318.21 billion in 2024, and the market size is expected to reach USD 468.03 billion by 2033 from USD 332.15 billion in 2025. The market is growing at a CAGR of 4.38%.

By 2033, North America plastic packaging market size is forecasted at USD 468.03 billion

Although there is a strong call for reducing the usage of plastics, it remains one of the most used materials for packaging in North America. Food packaging, beverage, lamination etc., are a few prominent industries where plastic has heavy usage even with the presence of alternatives like composite materials. The ease of availability and low price are the biggest factors driving demand in the North American plastic packaging industry. The improving technology that makes plastic materials very robust is driving many industries to opt for plastic as their first-choice packaging material. The rise in the retail chain network is also likely to provide impetus to the regional industry.

The recent emergence of bioplastics has enhanced the usage of those materials and provided a cheap and environment-friendly alternative to plastic. These factors hinder the growth of the market. The government norms that are focused on restricting the usage of plastic is also a key factor that is slowing down the industry.

REPORT COVERAGE

REPORT METRIC

DETAILS

Market Size Available

2024 to 2033

Base Year

2024

Forecast Period

2025 to 2033

CAGR

4.38%

Segments Covered

By Type, Product, End-user, and Region.

 

Various Analyses Covered

Global, Regional, and Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview of Investment Opportunities

Regions Covered

United States, Canada, Mexico

Market Leaders Profiled

AMCOR Plc, RPC Group Limited, Sonoco Products Company, Constantia Flexibles GmbH, BerryPlastics corporations, NatureWorks LLC, and Others.

 

MARKET SEGMENTATION

This research report on the North American plastic packaging market has been segmented and sub-segmented based on the following categories.

By Type

  • Rigid plastic packaging
  • Flexible plastic packaging

By Product

  • Bags
  • Pouches
  • Cans
  • Bottles

By End-User

  • Food and Beverages
  • Pharmaceutical
  • Healthcare
  • Retail
  • Personal and Home Care

Plastic, because of its sheer ubiquity, is used in every business activity and thus finds its usage across various end-use industries. The food and beverage industry holds the largest share in terms of volume when it comes to deploying plastic packaging. With facilities such as at-home deliveries for various food products, the demand for plastic packaging has increased as it provides a cost-effective method.

The plastic packaging market is expected to grow in the outlook period with vast applications in end-user verticals like medical, industrial packaging, and so on. The Healthcare industry also has wide-scale implications of plastic packaging and contributes a lot towards the growth of the industry. The food takeaway sector has also proliferated in the North America region and is triggering great demand for plastic packaging.

By Country

  • United States 
  • Canada 

North America has the biggest consumer base for packaging and despite the government restrictions on the use of plastic, the market is expected to grow at a moderate rate of 3% CAGR. The introduction of bioplastic materials is also expected to intensify the market in the coming years, which will provide a variety of options for packaging.

KEY MARKET PLAYERS

AMCOR Plc, RPC Group Limited, Sonoco Products Company, Constantia Flexibles GmbH, BerryPlastics corporations, NatureWorks LLC are some of the notable companies in the North America Plastic Packaging Market.

RECENT HAPPENINGS IN THE MARKET

  • In 2019, Amcor completed the acquisition of Bemis Company Inc. This acquisition brings additional capabilities and adds another dimension to their existing portfolio. This will also generate considerable value for the shareholders.

  • In October’19, Coveris launched its Duralite R, a next-generation shrink film range that can be entirely recycled. As a part of its existing sustainability journey to deliver recyclable flexible packaging solutions, it also covers a new shrink film that provides a fully circular solution to meet both the environmental and legislative demands of the future.

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Frequently Asked Questions

1. What are the key opportunities in the North America Plastic Packaging Market?

Rising demand for lightweight, durable packaging in food, beverage, and healthcare sectors, coupled with the growth of e-commerce and sustainable plastic innovations, is creating strong market opportunities.

2. What are the major challenges facing the North America Plastic Packaging Market?

Environmental concerns, tightening regulations on single-use plastics, and increasing consumer demand for eco-friendly alternatives pose significant challenges for market players.

3. Who are the major players in the North America Plastic Packaging Market?

Key players include Amcor plc, Berry Global Inc., Sealed Air Corporation, Sonoco Products Company, and Reynolds Group Holdings, leading the market with innovative and recyclable packaging solutions.

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